Suspend/Resume interest

Lenders suspend and resume interest on loans if they need to offer relief or would like to incentivize borrowers in some way. Note the following when using this request:

This request can either suspend or resume interest accrual on a loan. However, you cannot log two adjustments on the same day. If you try to log more than one adjustment for a single day, you'll receive a 409 response.

Selecting a date in the past will affect past calculations on the loan. For more information on this, take a look at the 'Past Due Warning' in our Suspend/Resume Interest help article.

For an example of how suspending and resuming interest works in the UI, take a look at our the Suspend/Resume Interest article we've linked above.

Database

For information on suspend/resume interest database tables, see the following articles:

Database – Loan Stop/Resume Interest Entity (loan_stop_interest_date_entity)

Database – Rule applied Stop Interest - Loan Relations (loan__rule_applied_stop_interest)

Database – Rules Applied Stop Interest (rule_applied_stop_interest_entity)

{
    "StopInterestDates": {
        "results": [
            {
                "type": "loan.stopInterestType.suspend",
                "date": "2022-04-09"
            }
        ]
    }
}